Summary
Donald Trump has announced plans to impose 25% tariffs on the European Union, claiming the bloc was “formed to screw the United States.”
While details are pending, he suggested the levies would target cars and other imports. The EU, a major U.S. trading partner, has vowed immediate retaliation, with potential tariffs impacting $29.3 billion in exports.
French President Emmanuel Macron had attempted to dissuade Trump, urging focus on China instead.
Critics, including economists and conservative media, warn the tariffs could harm the U.S. economy.
He is completely wrong. The EU was formed after WW2 to prevent another war on the continent and to increase economic cooperation. The fact that makes us a much stronger block for negotiating trade deals was a side benefit, not its purpose. And it only works to screw over countries that are trying to screw us first.